Propitious IT Solutions Private Limited
About Propitious IT Solutions Private Limited
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Propitious IT Solutions Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the consultancy services segment of the technology and IT services sector. It was incorporated on 19 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U64201WB2015PTC205026.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Satya Ranjan Mishra and Jingyansu Choudhury.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Bg – 30 Hanapara Krishnapur Baguiati North 24 Parganas, Kolkata, West Bengal, India – 700102.
As per the financials filed for FY 2018, the company reported a revenue of ₹42.03 Lakh, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹1.15 Lakh (net margin 2.7%) and EBITDA of ₹1.55 Lakh (EBITDA margin 3.7%).
The current compliance status is marked as compliant by the Registrar of Companies.
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- WebsiteLocked
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- Registered AddressBg – 30 Hanapara Krishnapur Baguiati North 24 Parganas, Kolkata, West Bengal, India – 700102
- IndustryInformation Technology, Consultancy, Computer Programming
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Propitious IT Solutions Private Limited
The main business activity of Propitious IT Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Propitious IT Solutions Private Limited FY 2018 filings available
Propitious IT Solutions Private Limited reported revenue of ₹42.03 Lakh (up 28% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Propitious IT Solutions Private Limited
Revenue rose 28% in the latest year. EBITDA rose 50% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Propitious IT Solutions Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.55 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.15 Lakh | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Propitious IT Solutions Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.7% | •••• | •••• | •••• |
| Net Profit Margin | 2.7% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Propitious IT Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Propitious IT Solutions Private Limited
Propitious IT Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sikder International IT Hub Private Limited | ₹42.06 Lakh (FY 2023) | •••• | •••• | -54.0% | •••• | Kolkata, West Bengal, India |
| Wolf of Webstreet (OPC) Private Limited | ₹42.06 Lakh (FY 2025) | •••• | •••• | -34.0% | •••• | Nagpur, Maharashtra, India |
| Qaff Innovations Private Limited | ₹42.04 Lakh (FY 2023) | •••• | •••• | 209.0% | •••• | Delhi, India |
| Topscore Solutions Private Limited | ₹42.04 Lakh (FY 2024) | •••• | •••• | -17.0% | •••• | Ernakulam, Kerala, India |
| Globe 2 Technologies Private Limited | ₹42.03 Lakh (FY 2025) | •••• | •••• | -15.0% | •••• | Hyderabad, Telangana, India |
| Propitious IT Solutions Private Limited this company | ₹42.03 Lakh (FY 2018) | •••• | •••• | 28.0% | •••• | Kolkata, West Bengal, India |
| Aaxis Group India Private Limited | ₹42.02 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Speehive (OPC) Private Limited | ₹42.02 Lakh (FY 2022) | •••• | •••• | 312.0% | •••• | Palakkad, Kerala, India |
| Shandillya Data Management Private Limited | ₹42.02 Lakh (FY 2016) | •••• | •••• | 20.0% | •••• | Varanasi, Uttar Pradesh, India |
| Cloudvayu Solutions Private Limited | ₹42.02 Lakh (FY 2024) | •••• | •••• | 7.0% | •••• | Bangalore, Karnataka, India |
| Innostate Technologies Private Limited | ₹42.02 Lakh (FY 2025) | •••• | •••• | 63.0% | •••• | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Propitious IT Solutions by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Propitious IT Solutions Private Limited
Propitious IT Solutions Private Limited is audited by NEERAJAGARWAL for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NEERAJAGARWAL | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Propitious IT Solutions Private Limited
Propitious IT Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satya Ranjan Mishra | Director | 19 Jan 2015 | 11 Years 8 Months | Current |
| Jingyansu Choudhury Also directs: Lokya Vanijya LLP, Techyuga Repair and Sales LLP | Director | 19 Jan 2015 | 11 Years 8 Months | Current |
Ownership and Shareholding of Propitious IT Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Propitious IT Solutions Private Limited
Propitious IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Propitious IT Solutions Private Limited
Employment history and EPFO contributions of people linked to Propitious IT Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Propitious IT Solutions Private Limited
Propitious IT Solutions Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Jingyansu Choudhury was appointed as Director on 19 Jan 2015.
Credit Ratings, Litigation & Regulatory Alerts for Propitious IT Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Propitious IT Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Propitious IT Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Propitious IT Solutions Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Propitious IT Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Propitious IT Solutions Private Limited
Propitious IT Solutions is an active private limited company based in Kolkata, West Bengal, India. The company works in consultancy, within the information technology industry. It was incorporated on 19 January 2015 (11+ years old) and is registered under CIN U64201WB2015PTC205026.
Propitious IT Solutions reported revenue of ₹42.03 Lakh for FY 2018 (up 28% YoY).
Propitious IT Solutions has 2 current directors:
- Satya Ranjan Mishra - Director
- Jingyansu Choudhury - Director
Propitious IT Solutions reported a net profit of ₹1.15 Lakh (net margin 2.7%) and EBITDA of ₹1.55 Lakh (EBITDA margin 3.7%) for FY 2018, as per its filed financial statements.
The CIN (Corporate Identification Number) of Propitious IT Solutions is U64201WB2015PTC205026. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Propitious IT Solutions was incorporated on 19 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Propitious IT Solutions by revenue are Sikder International IT Hub Private Limited, Wolf of Webstreet (OPC) Private Limited, Qaff Innovations Private Limited, Topscore Solutions Private Limited, Globe 2 Technologies Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Jingyansu Choudhury was appointed as Director on 19 Jan 2015. Satya Ranjan Mishra was appointed as Director on 19 Jan 2015.
The registered office of Propitious IT Solutions is at Bg – 30 Hanapara Krishnapur Baguiati North 24 Parganas, Kolkata, West Bengal, India – 700102.
Propitious IT Solutions has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.
Propitious IT Solutions operates in the information technology industry, in the consultancy segment.